DoubleLine CEO Jeffrey Gundlach says he's less confident the Fed will cut this year

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Published 2024-06-12
Jeffrey Gundlach, DoubleLine Capital CEO, joins 'Closing Bell' to discuss his reaction to the Fed leaving rates unchanged.

All Comments (21)
  • @Richard-eg6fw
    Stop talking about rate cut. Nobody knows. You have 50% chance of getting it right just like every one else.
  • @Fried52
    Just a reminder: over the last 60 years the 10 yr T-note averaged 5.9% and the average inflation rate was 3.8%. So even with the higher prints we've seen we are back down below the averages. We are basically back to normal. It just doesn't feel that way when "easy" was all you've ever known coming out of the Bush housing recession.
  • @prashant9108
    Apple surpasses Microsoft after the announcement that they are going to implement technology owned by Microsoft🤔?🤣🤣
  • Gundlach is wrong. The fed was facing a problem of too low interest rates and too low inflation prior to the pandemic. "Ironically, the problem we need to solve these days is the risk of inflation that is persistently too low, rather than too high." Monetary Policy Strategies for a Low-Neutral-Interest-Rate World November 30, 2018 John Williams
  • My God, no wonder those people jump out of windows, get some plants and artwork in that space, looks like a sweat shop.
  • Nathan I found a link to the interview with Jeff Gundlach. Also I found a link to transcripts of comments from the Fed chairman. I sent that to you via email. Best Harry
  • @intnicn5853
    Isn't the money supply no longer above-trend?
  • Market is keep going up😂and why people crying I don't understand?
  • So happy the fed was clear on rate cuts instead of the market deciding when rate cuts will take place smh.
  • From 10% inflation to 3% inflation. What's the issue, Chairman? Prices are up 12% to 20% since the pandemic. It's all about measurement over time. We can not argue that AMERICANS ON A fixed income need a 15% COLA. A rate cut would benefit the economy.
  • @Nicolas-ig1bf
    Jeff is a very smart man who’s been a little bit offsides the past two years in his predictions of the market
  • Well Jefferey’s big mistake was having confidence in the Fed to begin with. They don’t exactly have a great track record for not running the entire economy off of a cliff.
  • @fc30361
    It appears Jeffrey does not have any convictions as he used to have. He used to be so affirmative about upcoming recession and rate cut, and he has been proven wrong.
  • @coldplay8
    This guy is a perma bear doom and gloomer! Is he ever right?!
  • @Fried52
    Scott is really good at what he does, but why why does he keep putting on guys who have been nothing but consistently wrong. For months Gundlach has been critizeing the Fed from both sides. I can't remember his last decent observation.